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Will young Americans want to work in semiconductor manufacturing? [video]

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Re: Will young Americans want to work in semiconductor manufacturing? [video]

#71

Post by dangus »

polishdude20 wrote: post #16
bmismyname wrote: post #6

Will there be low wages with huge bonuses for the CEOs while the workers have to struggle to pay rent? Young people know the future is not bright, and I encourage them to enjoy their lives while they still can.

This world view seems like a potential death spiral. As world views become bleak, is encouraging people to say "fuck it" and maximize for enjoyment really the best move? Whatever happened to working hard to build a future for oneself? Yes, I understand there are higher powers that be and people with much more powers than you and I that are ruining the future but is the answer really to lay down and be engulfed in the…

The person you replied to has some...interesting opinions about psychedelics...anyway...

> As world views become bleak, is encouraging people to say "fuck it" and maximize for enjoyment really the best move?

The answer to this question is obviously yes. Why wouldn't anyone maximize for life enjoyment? I hardly think that's equivalent to saying "fuck it."

Here's the thing: the video talks about the career track of semiconductor manufacturing in Taiwan being limited. When we're talking careers that require education and training, people are going to look at the opportunity cost of choosing one vocation over another.

Whether people want to do this work really just depends on how much these roles are going to pay.

I also think it's incredibly realistic and mature for the youngest generation to acknowledge how their earning potential is being squandered into healthcare, housing, and education that all consistently grow faster than inflation. They are fully aware that employers make minimal investment in employees' education or training, prefer external hires for senior leadership and management rather than promoting from within, and purposefully optimize for their own employees to job hop. Every employee I know is 100% aware that any extra effort they put into their work isn't going to be rewarded with extra pay, and that promotions and pay raises that they can get are never as high as switching jobs.

I applaud every young person who sets boundaries and refuses to go above and beyond for employers who don't go above and beyond for their employees.

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#73

Post by bmismyname »

rs999gti wrote: post #68
bmismyname wrote: post #47

Earlier quoted context omitted.

Indeed. Eventually there will be a revolution if the wealth concentration trend continues. I'm on the side of the working class forever and always, as I grew up dirt poor (and got exceptionally lucky because of my early interest in computers) and my family is still dirt poor today, so I have a good idea of what it's _actually_ like to starve.

> if the wealth concentration trend continues Or unsustainable housing costs

Housing is treated as an investment these days, instead of as housing. That's the fundamental cause of unaffordability, and it exacerbates the problem. It's easily fixed with the right policies, but at this point it can never be fixed (with a huge political left turn, maybe).

Making it easier to obtain leverage doesn't make housing cheaper, it just makes the prices go even higher faster.

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#74

Post by jjk166 »

the_lonely_road wrote: post #38
chitowneats wrote: post #19

Earlier quoted context omitted.

Not all jobs are worth the same amount. Nannying is quite important but it is low skill (meaning supply of labor is high) and thus will probably command lower wages than semiconductor manufacturing.

I don't think its low skill/high supply that's the problem here. The fact is a nanny is only servicing one family and so their entire economic input must be a fraction of that family's income. Same problem hair stylist faces compared to a software developer. You can only cut so many heads of hair in a single day which limits your total possible income to a fraction of mine because a billion people can buy my software…

But different families have different levels of income, and there is a very long tail. If nannying paid better, it would just be a smaller fraction of families that could afford it. The fact is because it's a low skill/high supply labor pool, the equilibrium point is reasonably low, such that even many middle class households can afford nannies. For software yeah your cost could be borne by a billion people, but those billion people could instead bear the cost of a cheaper developer if they were available.

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#75

Post by bmismyname »

joemazerino wrote: post #50
bmismyname wrote: post #6

Will there be low wages with huge bonuses for the CEOs while the workers have to struggle to pay rent? Young people know the future is not bright, and I encourage them to enjoy their lives while they still can.

Speak for yourself, nihilist. Opportunities abound for those willing to work for them.

Once you realize the game can't be won by doing what master tells you, you can start to beat the game. Master will not tell you how to beat him, for him to succeed you must fail.

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#77

Post by godelski »

jamestimmins wrote: post #49
bmismyname wrote: post #6

Will there be low wages with huge bonuses for the CEOs while the workers have to struggle to pay rent? Young people know the future is not bright, and I encourage them to enjoy their lives while they still can.

As a young (ish) person, I wholeheartedly disagree with and reject this worldview, and would argue you're doing others an enormous disservice by promoting it. There are enormous challenges. Life literally depends on solving them. Suggesting that they can't be solved is tantamount to telling humanity to give up and die.

> Suggesting that they can't be solved is tantamount to telling humanity to give up and die.

Not only that, but it is _actively_ participating in the cyberpunk dystopia that they are saying is inevitable. If evil only needs good men to do nothing to grow, problems only need us to give up to become worse. (I'm clearly no poet)

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#78

Post by bmismyname »

godelski wrote: post #77
jamestimmins wrote: post #49

Earlier quoted context omitted.

As a young (ish) person, I wholeheartedly disagree with and reject this worldview, and would argue you're doing others an enormous disservice by promoting it. There are enormous challenges. Life literally depends on solving them. Suggesting that they can't be solved is tantamount to telling humanity to give up and die.

> Suggesting that they can't be solved is tantamount to telling humanity to give up and die. Not only that, but it is _actively_ participating in the cyberpunk dystopia that they are saying is inevitable. If evil only needs good men to do nothing to grow, problems only need us to give up to become worse. (I'm clearly no poet)

This is a game where the only way to win is to not play, or to have rich parents.

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#79

Post by mattkrause »

KingMachiavelli wrote: post #31

A substantial perk would be subsidized housing. A modern fab can cost ~$20B (maybe more in the US) and obviously the planning and permit process is likely also a couple order of magnitudes more difficult than normal real estate development. Spending ~$100M on employee housing would make the compensation a lot more competitive since software salaries are high but tend to be located in HCOL areas. Spend another ~$100M…

Spousal hiring is another very under-rated recruiting tool, especially if you want to bring someone in from far away.

You don't even necessarily need to hire the partner directly; just help them find a job somewhere in the area.

Re: Will young Americans want to work in semiconductor manufacturing? [video]

#80

Post by closetohome »

chitowneats wrote: post #19
teddyh wrote: post #15

Earlier quoted context omitted.

Your cue to pay your nanny more?

Not all jobs are worth the same amount. Nannying is quite important but it is low skill (meaning supply of labor is high) and thus will probably command lower wages than semiconductor manufacturing.

Job skill is relative. I'm sure everyone's job would be considered "low skill" to some people.
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